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Wellington Drive signs US licensing agreement worth up to US$400kyear
Sept. 26 (BusinessDesk) - Wellington Drive Technologies, which makes energy-efficient motors, said it has signed a licensing agreement with a US company worth US$100,000 to US$400,000 a year. The Auckland-based company declined to identify the US firm, saying it was confidentia...
NZ reflagging foreign fishing vessels best option to protect national reputation, officials say
By Paul McBeth Sept. 26 (BusinessDesk) - The New Zealand government's decision to force foreign fishing vessels to register under the local flag was the best option to protect the nation's reputation, which was under scrutiny in the US and UK amid reports of abuse on some South...
NZ dollar falls as better US data failed to lift global hopes
By Hannah Lynch Sept. 26 (BusinessDesk) - The New Zealand dollar fell as better-than-expected US home prices and consumer confidence failed to lift optimism about global growth. Markets will be watching for Fonterra’s annual results and merchandise trade data today. The New Zea...
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